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Three-Duplex Rental Property
New
For Sale
$510,000

1310 Jeannie Street, Pineville, LA 71360

Multifamily, Pineville, LA

Property Size5,541 SF
Lot Size0.70 Acres
Price / SF$92.04
Days on Market3

Property Features for 1310 Jeannie Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 14
Bathrooms 10
Full bathrooms 8
Half bathrooms 4
Rooms Bathroom 4, Bedroom 10, Bedroom 12, Bathroom 1, Bathroom 11, Bedroom 9, Bedroom 11, Bedroom 6, Bathroom 9, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 7, Bedroom 14, Bedroom 1, Bedroom 13, Bedroom 2, Bathroom 6, Bathroom 12, Bedroom 5, Bedroom 8, Bathroom 10, Bathroom 5, Bedroom 7, Bathroom 8, Bedroom 3
Parking features Assigned
Subdivision Pineville Heights
Lot features Back Yard
Elementary school district Rapides Parish
Middle school district Rapides Parish
High school district Rapides Parish
Directions Off of HWY 28 E
Standard status Active
APN 0400705820002801 0400707530003901 0400707167000101
Size 5,541 SF
Lot size 0.70 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities water, electricity

Taxes and HOA fees

Tax Description --Pt Lot 9 Sq. 6 Pineville Hts/ LOT 8, SQ 3, Lottie Sub/ .30 ACRE being parcel 1 of Palmetto Subd.
Tax Annual Amount 1804
Legal Description --Pt Lot 9 Sq. 6 Pineville Hts/ LOT 8, SQ 3, Lottie Sub/ .30 ACRE being parcel 1 of Palmetto Subd.

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Year built 2006
Number of units 6
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Buildings 3
Listing Agency: STEVEN SEALE PROPERTIES, LLC
Listed By: Tate Moran · License #995711016
Added: Oct 30 Changed: Nov 1 Last Checked: Nov 1 at 5:06AM
MLS# 200IDG

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This offering combines three duplex properties totaling 5,541 square feet on 0.7 acres. Built in 2006, the buildings have vinyl siding and shingle roofs. Heating is central; cooling includes central air and window units. Public water and sewer serve the properties, and parking is assigned.

All six units are currently rented, with separate water and electric meters for each. The properties are at 1204, 1310, and 1312 Jeanie Street in Pineville.

Key Highlights

  • Three duplex properties comprising six rental units; all are currently rented
  • 5,541 square feet of property area on 0.7 acres
  • Each unit has its own water and electric meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,350
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,000 $927.0K
Cap Rate 7%
$662,143 $662.1K
Cap Rate 9%
$515,000 $515.0K
Market Conditions
NOI Build-Up for 5,541 SF
Gross rent
$72.5K $13.08/SF
− Vacancy
−$6.3K −$1.13/SF
EGI
$66.2K $11.95/SF
− OpEx
−$19.9K −$3.58/SF
NOI
$46.4K $8.36/SF
Area
Rapides County, LA
Vacancy
8.64%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,000
Cap Rate 7%
$662,143
Cap Rate 9%
$515,000

Alternative Uses

Best Use
Multifamily LT 5
$662.1K
$579.4K – $772.5K (±1% cap)
NOI $46,350 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$588.9K
$515.3K – $687.0K (±1% cap)
NOI $41,221 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,919 @ 7.0% cap · market cap 20.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

Demographics for 71360, LA

36,026
Population
15,970
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
90%
High-School Grad
193.1 sq mi
ZIP Area
187
Density / Sq Mi
$59,592
Median Household Income
$41,561
Median Earnings
$924
Median Rent
$196,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each of the six units has separate water and electric meters, and all are currently rented.
Where is this duplex located?
The property is located at 1310 Jeannie Street Pineville, LA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Three duplex properties comprising six rental units; all are currently rented; 5,541 square feet of property area on 0.7 acres; Each unit has its own water and electric meters
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